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CONSORTIUM meaning: a group of people, companies, etc., that agree to work together
Mar 8, 2023 · The consortium or allegiance purpose may be to create a product or service, provide information, research and development, impact an industry, or simply share knowledge. It can also be used as an umbrella organization for joint ventures and alliances. Here are five reasons why you should start a consortium: 1. Work sharing and reduced costs.
Define consortium. consortium synonyms, consortium pronunciation, consortium translation, English dictionary definition of consortium. n. pl. con·sor·ti·a also con·sor·ti·ums 1.
The Consortium of National Law Universities was established on 19th August, 2017 with the aim of improving standards of legal education in the country and serving the justice system through legal education. The Consortium aspires to facilitate better coordination amongst National Law Schools to achieve highest standards of legal education in ...
consortium in American English. (kənˈsɔrʃiəm, -ti-) noun Word forms: plural -tia (-ʃiə, -tiə) 1. a combination of financial institutions, capitalists, etc., for carrying into effect some financial operation requiring large resources of capital. 2. any association, partnership, or union. 3. Law.
A consortium refers to a group of two or more individuals, companies, or governments which work together to attain a common objective. Entities that engage in consortium pool resources; otherwise, they are just responsible for the obligations set out in the consortium's agreement. Every entity that is falling under the consortium will ...
The Consortium became the legal entity when it was registered at Bangalore under the Karnataka Co-operative Society Act, of 26-03-2019 in which 16 NLU’s signed and became the founding members of the Consortium. The remaining NLU’s (except National Law University, Delhi) subsequently joined the Consortium.
